Hunt: London’s stock market can rise above Nasdaq October 3, 2023 London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.
Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times October 3, 2023 Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]
Conservative Conference Diary: Speed limits on growth October 3, 2023 City A.M.’s reporters bring you the gossip behind the headline speeches at the Conservative Party Conference.
Government to review UK regulators in hunt for post-Brexit ‘advantages’ October 2, 2023 The government has committed to review the UK’s sprawling regulatory system today in a bid to strip back red tape and find “post-Brexit regulatory advantages”. In a statement today, business secretary Kemi Badenoch said the government would kick off an “in-depth review” of how regulators work in the UK. The aim of the new deep [...]
Coutinho: Firms to be given more rooftop space for solar October 2, 2023 Businesses will be able to use more of their rooftops to generate solar power to reduce the technology’s presence in the countryside.
Hunt announces civil service hiring freeze as he aims to shrink the state October 2, 2023 Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.
War with Taiwan would ‘collapse the Chinese economy’, Cleverly tells Tory conference October 2, 2023 China’s economy would collapse if it went to war with Taiwan, James Cleverly said, as he defended his policy of “clear eyed” engagement with Beijing. The Foreign Secretary said concerns about the strength of China’s economy were already forcing the ruling Communist Party to change course. Cleverly became the first UK Foreign Secretary to visit [...]
Final nail in the coffin for HS2 as Manchester leg reportedly shelved by Rishi Sunak October 2, 2023 The Manchester segment of HS2 will be shelved, according to reports.
‘The lower the better’: Truss tells Tory conference corporation tax should be at 19 per cent October 2, 2023 Corporation tax should be slashed to 19 per cent and “if we can get it lower the better”, Liz Truss has said. The former Tory leader, who left office after just 49 days last year following a calamitous mini-budget which sent markets spiralling, called for action to “change the agenda” and prevent British businesses being [...]
Prime minister ‘should be able to fire’ Bank of England governor: Top Tory October 2, 2023 The Prime Minister of the day “should be able to fire the governor of the Bank of England”, Lord David Frost has said.